|USD/JPY : A new annual high result of the takeover of the right in Japan|
--- Follow up analysis ---
We continue to advise long positions as far as 92.37 is support. An output of the triangle from the top would reinforce our bullish sentiment. The break of 94.18 resistance would mark the resumption of the uptrend background. We will then target 95 and 96 in extension.
In case of return below 92.37, a sell signal will be given. The output of the channel will be confirmed. A test of the long-term bullish slant (purple line) to 91 and 90.45 in extension will be expected.
Analysis published by Bruno, the 02/22/2013 at 8h45 GMT+2
|- Complete sheet of the pair USD/JPY - Previous USD/JPY Analysis -|
|Chart of the pair USD/JPY - Timeframe 1H|
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